HISTORIC PRESERVATION FOUNDATION OF THE FORTNIGHTLY

EIN: 364218716 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$784,293
Total Expenses
$204,541
Total Assets
$2,624,010
Net Assets
$2,624,010
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
IL
Principal Officer
MARY R RAVID
Phone
3129441330
Tax Period
2024-06-01 to 2025-05-31

HISTORIC PRESERVATION FOUNDATION OF THE FORTNIGHTLY, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $784K in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $580K, a strong 74% operating margin.

Mission

THE HISTORIC PRESERVATION FOUNDATION OF THE FORTNIGHTLY OF CHICAGO (THE "FOUNDATION") WAS FOUNDED FOR THE PRESERVATION OF THE HISTORIC AND ARCHITECTURALLY SIGNIFICANT HOUSE LOCATED AT 120 E. BELLEVUE PLACE, CHICAGO, IL 60611.

Program Service Accomplishments

Program 1
Expenses: $162,230

PROVIDED FUNDING FOR RESTORATION PROJECTS AT THE BRYAN LATHROP HOUSE, A HISTORIC AND ARCHITECTURALLY SIGNIFICANT CHICAGO LANDMARK.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $705,349
Program Service Revenue $0
Investment Income $78,944
Other Revenue $0
TOTAL REVENUE $784,293

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $5,734
Program Expenses $162,230
Other Expenses $204,541
TOTAL EXPENSES $204,541

Year-over-Year Comparison

2024 2023 Change
Revenue $784,293 $535,241 +0.5%
Expenses $204,541 $574,696 -0.6%
Net Income $579,752 $-39,455 -15.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
20

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY R RAVID PRESIDENT 5.00
Officer Director
$0 $0 $0
ANNE VOSHEL FIRST VICE-PRESIDENT 5.00
Officer Director
$0 $0 $0
ALICE SCHREYER SECOND VICE-PRESIDENT 5.00
Officer Director
$0 $0 $0
CARLA FUNK TREASURER 5.00
Officer Director
$0 $0 $0
DEBRA SIEGEL SECRETARY 5.00
Officer Director
$0 $0 $0
LIZA PROSSNITZ FINANCE CHAIR 5.00
Officer Director
$0 $0 $0
EDITH RASMUSSEN AHERN DIRECTOR 5.00
Director
$0 $0 $0
JOAN BLEW DIRECTOR 5.00
Director
$0 $0 $0
LINDA CELESIA DIRECTOR 5.00
Director
$0 $0 $0
RHONDA MARCUCCI DIRECTOR 5.00
Director
$0 $0 $0
KATHY VONDRAN DIRECTOR 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $784,293 $204,541 $2,624,010 $579,752
2024 $535,241 $574,696 $1,977,030 $-39,455
2023 $419,066 $127,213 $1,946,034 $291,853
2022 $393,536 $49,687 $1,476,765 $343,849
2021 $303,954 $268,638 $1,242,707 $35,316
2020 $289,798 $210,108 $1,040,470 $79,690
2019 $269,032 $91,069 $950,815 $177,963
2018 $271,156 $37,282 $796,269 $233,874
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HISTORIC PRESERVATION FOUNDATION OF THE FORTNIGHTLY with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.